Axis Greater China Equity Fund of Fund Direct Growth
Equity
Direct
Global - Other
NAV as on 28-10-2024
₹ 7.94
1D
Inception Returns
/yr
About Axis Greater China Equity Fund of Fund Direct Growth
Axis Greater China Equity Fund of Fund Direct Growth is an equity fund. This fund was started on 10 February, 2021. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Axis Greater China Equity Fund of Fund Direct Growth has ₹255 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.5.
Returns
Axis Greater China Equity Fund of Fund Direct Growth has given a CAGR return of -6.02% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 18.51% and -3.62% respectively.
Holdings
Axis Greater China Equity Fund of Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Consumer Cyclical, Communication, Financial Services, Industrial, Basic Materials, Health, Energy, Derivatives, Utilities, Consumer Defensive, Real Estate. Its top holdings are Schroder ISF Greater China X Acc USD
Taxation
As it is a global - other mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Axis Greater China Equity Fund of Fund Direct Growth
To provide long term capital appreciation by predominatingly investing in units of Schroder International Selection Fund Greater China, a fund that aims to provide capital growth by investing in equity and equity related securities of People's Republic of China, Hong Kong SAR and Taiwan companies. The Scheme may also invest a part of its corpus in debt, money market instruments and / or units of liquid schemes in order to meet liquidity requirements from time to time.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Axis Greater China Equity Fund of Fund Direct Growth has no lock in period.
Historical NAV & Returns
INDmoney Rank for Axis Greater China Equity Fund of Fund Direct Growth
Axis Greater China Equity Fund of Fund Direct Growth Overview
| Expense ratio | 0.54% |
Benchmark | MSCI Golden Dragon NR USD |
| AUM | ₹255 Cr |
| Inception Date | 10 February, 2021 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 34.78% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Very High Risk |
Trailing Returns
as on (28-Oct-24)
Fund Distribution
as on (31-Dec-69)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Schroder ISF Greater China X Acc USD | 98.06% | -0.9% |
Axis Greater China Equity Fund of Fund Direct Growth Highlights
Very High Risk
Fund Allocations
AUM size ₹255 Cr
Expense Ratio 0.54%
Frequently Asked Questions for Axis Greater China Equity Fund of Fund Direct Growth
Axis Greater China Equity Fund of Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.5% | -0.5% |
6 Month Returns | 13.75% | 13.75% |
1 Year Returns | 18.51% | 18.51% |
3 Years Returns | -10.48% | -3.62% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Axis Greater China Equity Fund of Fund Direct Growth | -13.78 | -3.89 | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Axis Greater China Equity Fund of Fund Direct Growth | 1.16 | 1.02 | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Axis Greater China Equity Fund of Fund Direct Growth | 0.59 | -0.17 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Axis Greater China Equity Fund of Fund Direct Growth | 22.52 | 25.49 | - |